RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of VTRS
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Viatris Inc stock price ended at $11.94 on Thursday, after gaining 0.93%.
(Updated on Mar 28, 2024)

Hold candidate since Mar 27, 2024 Gain 0.93% PDF

The Viatris Inc stock price gained 0.93% on the last trading day (Thursday, 28th Mar 2024), rising from $11.83 to $11.94. During the last trading day the stock fluctuated 2.04% from a day low at $11.78 to a day high of $12.02. The price has risen in 6 of the last 10 days and is up by 1.02% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 11 million shares were bought and sold for approximately $136.78 million.

The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $11.62 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 5.20% during the next 3 months and, with a 90% probability hold a price between $12.23 and $14.52 at the end of this 3-month period.

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VTRS Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 2.93%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Viatris Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $12.29. On a fall, the stock will find some support from the short-term average at $11.85. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Viatris Inc stock

Viatris Inc finds support from accumulated volume at $11.87 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.240 (2.04%) between high and low. For the last week, the stock has had daily average volatility of 2.29%.

Our recommended stop-loss: $11.33 (-5.10%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (VTRS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Viatris Inc to open at $11.91, and during the day (based on 14 day Average True Range), to move between $11.65 and $12.23, which gives a possible trading interval of +/-$0.295 (+/-2.47%) up or down from last closing price. If Viatris Inc takes out the full calculated possible swing range there will be an estimated 4.94% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $11.87 (0.59%) than the resistance at $12.07 (1.09%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Viatris Inc stock A Buy?

Viatris Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.265 Hold/Accumulate Unchanged

Predicted Opening Price for Viatris Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$11.91 ( 0.251%) $11.94

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for VTRS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 12.15 1.76 %
R2 12.06 0.99 %
R1 12.00 0.517 %
Current price: 11.94
Support S1 11.82 -1.02 %
S2 11.76 -1.49 %
S3 11.67 -2.26 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 12.29 2.93 %
R2 12.10 1.34 %
R1 12.07 1.09 %
Current price 11.94
Support S1 11.87 -0.586%
S2 11.77 -1.42%
S3 11.68 -2.18%

VTRS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 26, 2024 Mar 08, 2024 Mar 18, 2024 $0.120 1.02%
2 Nov 06, 2023 Nov 22, 2023 Dec 15, 2023 $0.120 1.17%
3 Aug 04, 2023 Aug 23, 2023 Sep 15, 2023 $0.120 1.23%
4 May 05, 2023 May 23, 2023 Jun 16, 2023 $0.120 1.17%
5 Feb 24, 2023 Mar 08, 2023 Mar 17, 2023 $0.120 1.27%

FAQ

What is the symbol for Viatris Inc Stock and on which exchange is it traded?
The symbol for Viatris Inc is VTRS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Viatris Inc Stock?
Viatris Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Viatris Inc Stock?
Viatris Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Viatris Inc Stock.

What's the current price of Viatris Inc Stock?
As of the end of day on the 2024-03-28, the price of an Viatris Inc (VTRS) share was $11.94.

What is the 52-week high and low for Viatris Inc Stock?
The 52-week high for Viatris Inc Stock is $13.62 and the 52-week low is $8.75.

What is the market capitalization of Viatris Inc Stock?
As of the 2024-03-28, the market capitalization of Viatris Inc is 14.18B.

When is the next earnings date for Viatris Inc?
The upcoming earnings date for Viatris Inc is May 13, 2024.
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About Viatris Inc

Viatris Viatris Inc. operates as a healthcare company worldwide. The company operates in four segments: Developed Markets, Greater China, JANZ, and Emerging Markets. It offers prescription brand drugs, generic drugs, complex generic drugs, biosimilars, and active pharmaceutical ingredients (APIs). The company offers drugs in various therapeutic areas, including noncommunicable and infectious diseases; biosimilars in the areas of oncology, immunology, end... VTRS Profile

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